ETFS Daily Short Heating Oil ETC

By Administrator

Created 26/01/2011 - 15:35

ETFS Daily Short Heating Oil (SHEA) is designed to enable investors to gain a 'short' exposure to a total return investment in heating oil futures contracts by tracking the Dow Jones-UBS Heating Oil SubindexSM (the "Index") and providing a collateral yield. A daily short exposure means that the product is designed to reflect minus one times the daily percentage change in the Index level.